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Palo Alto investor sues over 28% share tumble
Feb. 28, 2024, 5 p.m. | Paul Kunert
The Register - Security www.theregister.com
Lawsuit alleges it misled investors with claims new AI products were 'facilitating greater platformization' and more
Palo Alto Networks (PAN) is facing a proposed class action lawsuit that alleges investors were deceived about the traction of its platform tactics and hurt by an unexpectedly low billings forecast that crashed the share price.…
action alto claims class class action class action lawsuit facing forecast investors lawsuit low networks palo palo alto palo alto networks pan platform products share tactics
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